Magic Spoon reimagines your favorite childhood breakfast into a high-protein, grown up cereal to power your days. Since launching in 2019, we've become one of the fastest growing DTC brands, Forbes called us "the future of cereal", TIME Magazine named us in their Top 100 inventions, and we've launched in cereal aisles nationwide in Target, Walmart, Kroger, Albertsons, & more.

The Staff Accountant will be responsible for maintaining the integrity of financial records, ensuring accurate and timely processing of invoices and payments, and will assist in preparing financial statements and reports. This person will play a critical role in driving a timely MeC process, providing inventory controls, and helping to continuously improve/optimize processes and systems. They will also play a role in analyzing financial data to identify trends, discrepancies, and opportunities for improvement. We're excited for this person to collaborate with other departments to support budgeting, forecasting, and compliance with regulatory requirements.

This is a full time, in-person/hybrid role (3 days in office p/w on average) based in Tribeca, NYC.

As Staff Accountant, you'll:

Manage and oversee day-to-day financial operations, including accounts payable, accounts receivable, deduction management, cash, credit cards, payroll, and general ledger activities
Manage our purchase order three-way matching process
Assist with various monthly financial closing activities, procedures, journal entries and account reconciliations to support our financial close process, while ensuring compliance with US GAAP
Monitor budget performance, investigate variances, and provide insightful analysis
Coordinate with external auditors for annual financial audits
Assist with year-end tax reporting and 1099 filings
Prepare ad-hoc financial reporting
Collaborate internally with the Finance teams, as well with cross-functional teams

Requirements

Bachelor's degree, preferably in Finance or Accounting
2-3 years of accounting experience
CPG experience, ideally with exposure to wholesale and distributor partners
In-depth knowledge of GAAP and financial reporting standards
Proficiency in accounting software and advanced Excel skills
Familiarity with ERP systems, specifically Microsoft Dynamics Business Central is a plus
Familiarity with Shopify POS
Direct involvement with month end close process (journal entries, account recons, accruals, variance analysis)
Strong analytical and problem-solving abilities
Outstanding attention to detail coupled with an ability to see a bigger picture
Eagerness to operate in a fast-paced environment
Excellent communication skills
Detail-oriented mindset with ability to manage multiple tasks / projects at once
Curious and collaborative nature

What we value:

Hold on to the Dream 💫 Adult life shouldn't be boring, prioritize your work/life balance, we can build a world-class company and have fun doing it

Don't miss the bowl for the loops 🙌 We're all working towards the same big goals, prioritize collaboration over ego, politics, or possessiveness

Be a Fruit Loop in a world of Cheerios 🌈 Bring your whole, unique self to work, celebrate and care for everyone

Pour your own milk...and don't be afraid to spill a little 🥛 We trust you, use your best judgment to make decisions. Mistakes are inevitable, let's learn from them!

Benefits

Competitive salary & equity
100% covered Health, Vision, Dental insurance
401(k)
Generous parental leave
Unlimited vacation
Catered lunch in office
Unlimited cereal ✨🥣

Magic Spoon is committed to building a company that not only represents, but includes, individuals across different backgrounds and perspectives. Everyone deserves an equal seat at the breakfast table.

Magic Spoon intends to offer competitive base pay within the stated range, dependent on job-related, non-discriminatory factors such as experience, skills, and qualifications. To further compensate and recognize our employees for their work, our total compensation package includes equity and a robust benefits package. The anticipated annual base salary range for this role is $70,000 - $90,000.

Magic Spoon

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Staff Accountant